Rwanda Reiterates Ban on Franc-to-Crypto Trading After Bybit Move
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Bybit enabled Rwandan franc (RWF) peer-to-peer (P2P) crypto trading (reported 2026-04-07). Rwanda's central bank reiterated that crypto transactions using the national currency are illegal, creating clear regulatory risk for CEX P2P operations and local adoption. Market impact: raises enforcement/operational risk for Bybit and other exchanges, negative for crypto adoption and regional market confidence; monitor for enforcement actions or policy changes.
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Rwanda’s central bank has reiterated that crypto transactions using the national currency remain illegal, following Bybit’s move to enable franc-based peer-to-peer trading on its platform. Key Points Bybit enabled franc-based peer-to-peer crypto trading on its platform.
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